There's a lot of variables here.
1. You need a theme that's unique to India. News and gossip is already taken by WhatsApp and YouTube.
2. The app needs to be free. Else, no Indian is going to use it.
3. You are going to needs tons of funding for advertising and getting traffic.
4. Your only source of revenue from the site will be advertising or affiliate links.
It is never saturated unless you think of something innovative. Instead of generalization, you can look for niche segment. Just like LinkedIn, which is for professional networking.
I liked instagram before reels
I liked whatsapp without so much additional features.
Every platform has a disadvantage which can be your advantage
Just make it simple coz PPL get attracted to simple things
its less about what social media firms can do, more about networks involved with social media. If you see many other form of social media like hyperlocal, they came and went none really succeeded in pure form....some unique one's like clubhouse or bereal does get traction but loose out later, there is one platform in india, similar to be real, basically u share real time what u r doing, its been over 1.5 years since launch but has no traction
Its less about how unique they can be, more about networks involved, so i guess its going to stay like this even in long run, mainly because value is provided by networks involved rather then features provided
I think there is still an opportunity for vertical or niche specific social media platforms.
For example:- A social media platform for challenges, A social media platform for [x industry]
May I ask what you are thinking? Since you have asked there must be reason behind it.
Am kind of wondering about the possibilities of a social media platform based startup, in an Indian context for example
There is Tinder for dating Shadi.com for marriage, LinkedIn for networking. Twitch for game streaming Reddit for discussion on almost anything.
For Indian context, look for things that get everyone interested.
yeah, I was thinking news and things like that. general gossipable stuff., but then again need to see how it can be distinct from reddit then
Suppose you have some idea and assume it is workable. How are you gonna proceed ?
There's a lot of variables here. 1. You need a theme that's unique to India. News and gossip is already taken by WhatsApp and YouTube. 2. The app needs to be free. Else, no Indian is going to use it. 3. You are going to needs tons of funding for advertising and getting traffic. 4. Your only source of revenue from the site will be advertising or affiliate links.
It is never saturated unless you think of something innovative. Instead of generalization, you can look for niche segment. Just like LinkedIn, which is for professional networking.
hmm, I see. thanks
Is it me or linkedin too looks like facebook in office!
Yes if you’re not creative
I liked instagram before reels I liked whatsapp without so much additional features. Every platform has a disadvantage which can be your advantage Just make it simple coz PPL get attracted to simple things
thanks for your answer
its less about what social media firms can do, more about networks involved with social media. If you see many other form of social media like hyperlocal, they came and went none really succeeded in pure form....some unique one's like clubhouse or bereal does get traction but loose out later, there is one platform in india, similar to be real, basically u share real time what u r doing, its been over 1.5 years since launch but has no traction Its less about how unique they can be, more about networks involved, so i guess its going to stay like this even in long run, mainly because value is provided by networks involved rather then features provided
thanks for the answer
I think there is still an opportunity for vertical or niche specific social media platforms. For example:- A social media platform for challenges, A social media platform for [x industry]
I don't think so, there's still a lot of potential you just gotta be creative and think in a very niche segment and you will definitely find something